The Top-10%’s Bubble Is About To Burst
Is Recovery, Depression, or Inflation ahead? This article says that cronyism will deliver the second soon, but it could also deliver the third.
(From Zerohedge)
The comfortable are about to experience some of the discomfort that is everyday life for the bottom 60%, and an increasing percentage of the next 30% who still aspire to fantasies of middle-class security will find social mobility is an escalator down.
We cannot print wealth, or borrow it into existence. All we can print/borrow is artifice, phantom representations of illusory “wealth” that will vanish into thin air, in a reverse of how the “money” was created–out of thin air.
This article was originally posted here: https://www.ac2news.com/2020/12/the-top-10s-bubble-is-about-to-burst/.
